Tiffany, Pandora Receive Top Sourcing Scores

RAPAPORT... Tiffany & Co. and Pandora received high ratings on anannual list comparing responsible sourcing by the largest companies in thefashion industry. Tiffany garnered the top rating of AAA in the retail category for thefifth consecutive year, according to the yearly Environmental, Social and Government report by index and analytics provider MSCI, formerly Morgan Stanley Capital International. Pandora nabbed the same ranking in the textiles,apparel and luxury goods division. It marks the fourth year in a row the Danishjewelry has received the number-one spot in that category, beating out otherluxury vendors. Richemont and Kering came in fourth and fifth in the textiles, apparel and luxury goods category, bothscoring the second-highest rating of AA. LVMH took the 10th spot, with an A. The company graded Tiffany highly for laborconditions and low carbon footprint, while Pandora scored well for corporategovernance and responsible sourcing of gold and silver. The report also rated the companies on chemical safety andraw-material sourcing.Image: A Pandora charm. (Pandora)